RE:RE:Operational and reserves Update antonaki1 wrote: The beauty of Eric Nuttal's new NPP Energy Income fund is that it encourages all the energy names to strive to impose a hefty dividend return rather then growing their production at an unsustainable rate and therefor inhibiting the oil price. That very point is important to energy investors because if everyone including the US follows suit the price of oil should be profitable for many years to come.
It might also make Eric hang on to his energy names a whole lot longer, lol. Considering he has such a huge position in Cardinal, i think we will all love that.
I think part of Eric's new fund is believing that cdn oil plays can't really ramp up production because we don't have the takeaway capacity. There's no point in pumping oil without takeaway capacity, it only results in a larger WCS differential. So....knowing that, what else do they do with the fcf?